"we love mom & pop real estate investors"
When you don't have a lot of money ...and you need cash flow rather quickly, you must invest in the kind of real estate that will produce it. Single houses can produce it someday...but not until the mortgages are paid! If I was lucky enough to earn $100 per house, not likely with a mortgage, I'd … [Read more...]
For fix-up investors, like me, newly created equity (after fix-up) is a prime source for quick cash. Every investor I've ever met needs cash. House fixers are aware that fixin’ houses for yourself don’t provide a pay check Friday night like traditional W-2 Jobs. Quite often, house fix-up investors … [Read more...]
Almost every investor I know has paid too much for income property. It happens more frequently when you first start out. There is almost no defense against paying "too much" at least once or twice. I've done it more times than I care to admit. However, in my case, buying multiple units fix-up … [Read more...]